In 2019, Montserrat exported a total of $6.82M, making it the number 220 exporter in the world. During the last five reported years the exports of Montserrat have changed by $1.5M from $5.33M in 2014 to $6.82M in 2019.
In 2019 Montserrat imported $16.3M, making it the number 222 trade destination in the world. During the last five reported years the imports of Montserrat changed by -$33.5M from $49.8M in 2014 to $16.3M in 2019.
In 2013, Montserrat exported $13.9M worth of services. The top services exported by Montserrat in 2013 were Travel ($7.59M), Computer and information services ($3.36M), Sea transport ($1.02M), Air transport ($900k), and Miscellaneous business, professional, and technical services ($688k).
The top services imported by Montserrat in 2013 were Sea transport ($3.99M), Government services, n.i.e. ($3.61M), Miscellaneous business, professional, and technical services ($3.55M), Travel ($3.05M), and Computer and information services ($3.02M).
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
This network shows the products most related to the production structure of Montserrat. These are products that tend to be co-exported with the products that Montserrat exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.